Two major market makers on Hyperliquid simultaneously withdraw BTC liquidity; Wintermute and Auros Global jointly reduce positions by nearly $100 million

BlockBeats news, on May 18, according to Hyperinsight monitoring, during the recent period of sharp market volatility, two major institutional market maker addresses on the Hyperliquid platform simultaneously significantly reduced their positions or exited, with an estimated combined scale reaching $100 million. Details:

In the past 2 hours, Auros Global’s market making address closed all of its positions on the platform and withdrew approximately $6 million to an exchange. Previously, this market maker provided liquidity for 175 tokens on the platform, with the BTC market making scale alone reaching $45 million.

At the same time, well-known market maker Wintermute has also significantly reduced its market making exposure on Hyperliquid recently. Hyperinsight compared with previous data and found its provided liquidity for BTC and ETH has decreased by around 90%.

Previously, these two major tokens had a combined market making scale of about $40 million, but now it has sharply dropped to $4 million. Although positions are still held in 111 tokens and high-frequency order placement is maintained, the total position size has fallen from nearly $80 million to $41 million.

Address: 0xecb63caa47c7c4e77f60f1ce858cf28dc2b82b00

Address: 0x023a3d058020fb76cca98f01b3c48c8938a22355